PREVIEW: Kohl's shares flat ahead of quarterly report
28/02/2023 19:31
** Shares in Kohl's Corp KSS.N up 0.1% on Tuesday with the
stock bouncing between small gains and losses ahead of quarterly
report, with conference call scheduled for Wednesday morning
** Wall St sees department store operator KSS reporting adj.
EPS of $0.98 vs $2.20 in Q4 year-earlier on revenue of $5.985
bln, which would be down 3.8% y/y, according to Refinitiv
** In last 8 quarters KSS beat Wall St EPS expectations 7
times (missing by 84% in Q1 2022) while rev missed 3 times
(biggest miss 5.8% in Q1 2022)
** Stock last traded at $28.44 vs median PT of $29, which is
down from $30 a month ago, per Refinitiv, which shows 18
analysts covering the co
** Ratings: 2 'strong buy,' 1 'buy,' 11 'hold' and 4 'sell"
** Two months into 2023, KSS shares up ~13% YTD after
falling 49% in 2022 vs S&P 400 consumer discretionary index
.SPMDCD YTD 2023 YTD gain of 10.7% vs S&P 400 mid-cap index
.IDX YTD gain of 7.7%
(Reporting By Sinéad Carew)
((sinead.carew@thomsonreuters.com;))